Able Wealth Management LLC Takes Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Able Wealth Management LLC acquired a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 36,131 shares of the company’s stock, valued at approximately $3,761,000. iShares Core S&P U.S. Growth ETF comprises about 3.4% of Able Wealth Management LLC’s holdings, making the stock its 7th largest holding.

Several other large investors have also recently modified their holdings of IUSG. Madison Wealth Partners Inc grew its stake in iShares Core S&P U.S. Growth ETF by 4.1% during the 4th quarter. Madison Wealth Partners Inc now owns 340,717 shares of the company’s stock worth $35,469,000 after buying an additional 13,407 shares during the last quarter. Watchman Group Inc. increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.2% during the fourth quarter. Watchman Group Inc. now owns 30,197 shares of the company’s stock valued at $3,144,000 after acquiring an additional 1,204 shares in the last quarter. Waterloo Capital L.P. purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at approximately $805,000. Wealth Quarterback LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $5,581,000. Finally, Angeles Wealth Management LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $327,000.

iShares Core S&P U.S. Growth ETF Price Performance

iShares Core S&P U.S. Growth ETF stock traded up $0.33 during mid-day trading on Friday, reaching $127.05. 379,505 shares of the company traded hands, compared to its average volume of 464,767. The firm’s fifty day moving average is $117.87 and its two-hundred day moving average is $112.09. The company has a market capitalization of $18.52 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $90.71 and a fifty-two week high of $127.17.

iShares Core S&P U.S. Growth ETF Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Tuesday, June 11th will be given a $0.1445 dividend. This represents a $0.58 annualized dividend and a dividend yield of 0.45%. The ex-dividend date is Tuesday, June 11th.

About iShares Core S&P U.S. Growth ETF

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.